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tv   Power Lunch  CNBC  November 18, 2014 1:00pm-2:01pm EST

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>> dine equity. >> hertz going through 23 sooner rather than later. i'll see you tonight at 5:00 on "fast money". "power lunch" starts right now. "halftime" is over. "power lunch" and the second half of the trading day start right now. oil falling down 20% over the past year. will airline ticket prices follow suit? one of the most important people in the industry, united airlines ceo will weigh in on that today on cnbc. he already did. plus, the man who makes investments in the eighth biggest pension fund in the world is right here with us. see what the chief investment officer of the california state teacher's retirement system likes most in this market. marcus lamonis is here.
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this video is not from finland or sweden. it's the lower 48 and could be in your neck of the woods as mr. roker says very soon. weather a huge story across the usa today. thank goodness you don't live in buffalo, sue. they got feet of snow. >> they got a lot of snow and it is very cold down here. everybody bundle up and watch "power lunch." it's the perfect thing to do at lunch time. if you are waiting for falling oil and gasoline prices to bring on cheaper air fares you will be stuck on the tarmac for a long time. united airline ceo on squawk box this morning. >> you are going well with fuel prices right now. >> and we are pricing our product today so we can make a reasonable profit. we are not the level of profitability we should be at united. we will get there. it isn't just pricing the
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product. there is lots of opportunities for us in ancillary services and ancillary products to make good margin. those are things that customers value and will pay for. >> and we want to hear from you. will lower oil prices mean lower airline ticket prices? you can vote at cnbc.com/vote. weighing in is amy farley, news editor at travel and leisure and seth capland joining us from new orleans at the airline information mega event conference which looks at loyalty and ancillary in the industry. seth, i'm going to start with you. we have seen basically record drops in oil prices, 53 weeks in a row that we have seen oil move down. will that translate into lower ticket prices? >> it won't translate directly. airlines can't force people to pay more than they are willing or able to pay to travel. the way they have gotten the
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fares up is by cutting supply, by basically refusing to carry the most price sensitive travelers. the way prices would go down is if airlines start adding capacity and start flying more and then that brings down average fares. if more marginalniers get to fly again. >> i think it would be paulie annaish for us to expect the prices to trickle down to savings for us. in real dollars it wouldn't translate into much. it's not like it would earn customer royalty or we would recognize we are saving money. >> maybe it would instill some loyalty because you end up paying for almost everything on an airline right now including in some cases they are thinking of charging you if you just want to reserve a seat. so might it benefit the airlines if they just gave the impression or gave a slight cut in prices?
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>> it's just not a cost plus product. it's kind of a commodity, not like airlines add up the costs and pass them along. there is this demand curb out there. >> feels like they do that, though. >> they have tried. from their perspective they have gotten better at getting compensated for what they do. the way it would work now that the economics have changes again now that the giant cost of fuel is dropping now growth can become a little bit more advantageous than it used to be. it would happen through airlines saying let's grow again and hire new employees and those sorts of things and then that in turn pushes fares down at. >> maybe the only way to benefit is to buy the stock of the airline that is doing the best. >> absolutely. >> i think if airlines really want to build loyalty they need to look at their loyalty
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programs. big domestic carriers have been tweaking airline loyalty programs. that's been irritating passengers. i think that will drive passengers to be more frustrated and away from carriers that much more than whether or not they pass down oil prices to us. >> appreciate it very much. let's lock in the vote. will lower oil prices mean lower ticket prices? 66% of you said no. 34% of you said yes. up to mary thompson, a "market flash" on spiking airline stocks. >> certainly airline stocks are moving higher today, another good day for the airlines and the reason, of course, oil prices continue to fall. take a look at their shares, all of them trading at or near 52-week highs, all higher than 1.5% led by united. tyler, back to you. crude below $75. brent trading below 80 sitting near four-year lows. prices down 20% in just the past
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three months. today the senate votes on the controversial keystone pipeline. what impact might keystone have on oil prices and how soon? jackie deangelis. >> reporter: the pipeline would have to be constructed after its approved so we will not see oil flowing soon. let me break this down for you in terms of how traders are looking at this. the bearish view is that more oil coming into the united states will put pressure on oil in the gulf coast. it will pressure saudi arabia and other producers and of course they decide if they want to stay in the market to maintain share which they have established so far that they do. if that's the case if they stay prices go down. the more bullish argument is that bringing canadian crude into the country allows us to export it. the band for exports is for domestic products and not canadian crude. if we start shipping canadian crude you bring north american prices up in line with the brent
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benchmark. consider numbers here. according to citi we re-export up to 30,000 barrels a day. that figure can go to 200,000 barrels a day. only 900,000 from saudi arabia and producing 9 million barrels a day. so the bottom line here is what could happen supply continues to ramp up. north america is less reliant on opec oil. we start exporting canadian crude and give us more control over the global price market. it will be very interesting to see how this plays out and traders are watching it. >> thank you very much. they say where there is chaos there is also opportunity. the big mess jamming up the nation's west coast ports is jamming up business. jane wells is in los angeles with that part of the story.
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we are having a little technical issue with jane. apparently she is back. jane? >> reporter: how are you doing, sue. it is a little windy here. just like the port, the extended contract talks with the port, someone's pain is someone else's gain. as port hogs create congestion companies are having to find other ways to -- >> we are going to go back to jane. they have strong santa ana winds out there and that does effect the live shot. we try to figure out whether we can solve the technical issues with jane wells. one thing we can be sure of that jane was not in buffalo, new york. she was dressed very comfortably for the nice balmy weather at lax. consumer staples stocks hitting an all-time high today. it is the best performing sector this month up 3% and fourth best
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performer this year up about 12%. there had been some losers, always are seemingly. avon down nearly 40% year to date. investors may not want to give up on that stock and some others just yet. morgan brennan with a list. >> analysts and strategists caution the staples sector is expensive thanks to the recent rally but there are still names to consider. you mentioned avon. this stock is down a whopping 45% from its 52-week high. it is hitting a two-decade low right before it reported earnings at the end of last month. according to facts, 26% upside. there are rumblings that avon could sell the north american business but the company has been under estimated as it
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targets millennials. another name in makeup to check out, estee lauder, stocks down 7% from its 52-week high and down about 4% year to date. consensus estimates call for a 13% gain over the next year. this is the company focuses on higher end products, expands in china. another name, hershey's. that has fallen 11% from its most recent high. estimates target a 6% upside despite currency head winds. jonathan pheny thinks recent hikes in candy prices and the strength of the brand make this stock a buy heading into 2015. lastly, check out the brewers. a number of analysts see value in this group especially thanks to the potential for future consolidation. names like anheuser busch,
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mollson coors. we will talk more about those brewers layer today. back to you, tyler. mary thompson now, "market flash." >> we are taking a look at shares of gilead sciences down about 10%. right now it is at session highs. stock up after europe gave the okay to start marketing the latest hepatitis c drug. shares up 2.5%. back to you. thank you. they call it lake effect snow and it's burying the buffalo area. three feet of snow has already fallen in one more 100 miles of the new york state through way is closed. here is the weather channel's carl parker. >> this winter has been a real boon for industries related to cold and winter. take a look at the amazing snow in western new york. this is near buffalo. we have had four feet of snow
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already and we could be talking about six feet by the time it is all said and done. but in a very narrow area south of buffalo in buffalo itself only a few inches of snow thus far. there is a look at the snowfall forecast going forward. really heavy coming off of lakes eerie and ontario. another couple of feet expected and double digit snowfall in western parts of michigan. we have the first big polar air invasion over the lakes and the northeast. that will lift out another littler one will come in thursday, friday and then it actually gets very mild across a lot of the country over the weekend but that's not going to last. another block of cold will come down thanksgiving week through the lakes and into the northeast. back to you. >> thank you very much. on wall street right now we are at session highs for the dow jones industrial average. we are up 47 points on the dow. s&p 500 is up almost 11 and
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nasdaq up 35. so on a percentage basis it is the nasdaq followed by the s&p and then dow jones industrial average. we will talk more about the market because coming up he is in charge of investing almost $200 billion. the chief investment officer of calstrs will tell us where he is putting money in this record high market. check out the ten sectors of the s&p. soon there will be an 11th, real estate, a top fund manager gives us his favorite plays in the group ahead of the big show which is "power lunch." we are back in two.
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welcome back to "power lunch." let's check out the markets. we had the dow trading at session highs. the market up 44 points. s&p in record territory up ten. nasdaq up a healthy 35 points. let's check out nokia rising after the company launched a new tablet computer. this comes six months after it sold its ailing phones and device businesses to microsoft. nokia up 3.7%. sue, back to you. >> thank you very much. more on the trading action here.
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bob pisani is at post nine. >> we are in a narrow trading range. we are at historic highs. look at the s&p. a lot of people saying we are not making money. listen, you can do very well as you slowly creep forward. it is hard to move forward in this kind of market. you need a real catalyst. hmos new highs, united health, humana. this is the leadership group, health care. commodity stocks new lows. mostly commodities. petrobras, these are all 52-week lows. we have mixed results for the retailers. tjx decent numbers. fourth quarter off to a strong start but lowered 2014 eps for the fourth quarter. the gain here is lower the bar, talk optimistic but lower the
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expectations. you can see tjx. home depot decent numbers and reaffirmed guidance. dick's sporting goods. golf is slowing down and hunting is, too. >> it's not the season for it in most of the country. >> they have had problems with golf for a while now. that has been a topic of discussion here on cnbc many times. i want to note urban outfitters had a significant margin pressure. the store is tfl. they have a problem with some traffic declines there as well as i think general fashion misses for them. they are the big decliner in retail today. >> thanks, bob. chris ailman ranked third most powerful and influential chief investment officer in the world overseeing about $185 billion at the california state teacher's retirement system. welcome back and here for the
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first time here in studio. how much of your capital is indexed? >> in the united states we are 80% passive. outside the u.s. we are 50% passive. >> you do that because you want to own the whole market and your prices are lower? >> we actually maj the russell 3000 index in house. the staff does an excellent job. it is much more cost effective and efficient for us to run it in house. >> my question for you is for your typical member and for people who are investing in 457s and 403 bs and 401 k plans, should they do what you do and keep a big majority of their funds indexed? >> it's not going to make me popular with the active managers out there on mutual funds but my answer is absolutely. the u.s. market is way too efficient. it is very difficult. two-thirds of active managers usually don't beat the market especially after fees. whether it is vanguard or fidelity, any index product in the 401 k makes the most sense.
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>> you were careful to say that the u.s. markets are so efficient that indexing is really a basic default choice. what about the foreign markets? what about obscure markets or obscure sectors within the u.s. market? can you make a stronger case there? >> absolutely. small cap that's where the small cap value managers have been able to add value and proven better than indexing. outside the u.s. we think the market is less efficient therefore you want active management to balance out country risks, regional risks and emerging markets were 100% active. >> before we come back to that let's spend a second or two talking about japan. what is going on there? what are the implications for american investors? >> the japanese market has made a nice run up as they finally try to restart the economy. the news today shows they are not all the way there yet. that will be an interesting
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investment opportunity. i would absolutely hedge the yen back to dollars but we theng the japanese market has upside potential. >> let's talk about the u.s. market which has had a spectacular recovery from the decline in late september into early october. there have been a lot of tail winds. the fed may be prime among them. some of those seem to be receding. what are your expectations over the next 12, 14, 18 months. >> we are losing the fed as a stimulus behind the market. they are not tightening. they are not a tail wind. earnings growth has been slowing. that's been a nice positive for the market. and then the other has been stock buyingbacks. i think that those last two will continue. we will still see some earnings news that is positive. not all 100% positive. you will still get some stock buyback. we think tail winds are slowing but you are far from a head wind. we think investors should stay invested in this market and not get worried about the length of
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the bull market. >> what do the deals speak to you of? >> i think we will see a lot of transactions because of the '07-'08 buy out market. those are huge funds. you will see more corporate transactions which brings opportunities for investments. >> thanks very much. thanks for coming by. >> great to be here. >> sue, down to you. it is global entrepreneur hip week. when it comes to starting, running and growing a business who better to speak to that than marcus lavonis. he has great tips and the biggest traps that entrepreneurs need to watch out for. ♪ music
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ing u.s. is now voya. changing the way you think of retirement. president calvin coolidge said the business of america is business. this is global entrepreneurship week. we want to welcome marcus lamonis, the profit. >> marcus, it is great to see you. give us an idea of what some of the biggest traps are that an entrepreneur needs to watch out for. >> one of the things that i
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always tell people is you can't be an entrepreneur until you have worked for somebody else. you find a lot of young kids wanting to open their business. i want them to work for somebody else first and know what it feels like to be fired. they are not starting with enough working capital. they put the projection together as if they make money out of the gates. 12 months into it they are out of money. they are not surrounding themselves with enough good people. while we may be smart there are smarter people out there. >> i have always said that the one thing i always sought in a place to work and it has been easy for me to find it is surrounded by people that are smarter than i was. >> you have sue. you are perfect. you are in good shape. >> i don't know about that. usually ty is the snart one. >> you got involved with crumbs the bake shop. we had you there on "power
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lunch." how is it going? >> it is going better than i thought it would. one thing that is different is we dramatically changed the product. the key has been all of the employees in the stores we were able to get them back. when customers came back and saw familiar faces and people with product knowledge it made a difference. the holidays will be a good test for us. >> let's take a look because there is a great illustration or example of the trials and tribulations that entrepreneurs go through tonight on your program "the profit" at 10 p.m. let's take a look. >> this building has its challenges. >> i inherited the building. my dad bought the building. he bought the company. it was a handle turning company. it was a very big business until power tools put us out of the business. after owning the company for three or four years we discovered the bat business because major league baseball players came here in the '50s to
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buy bats. we contacted major league baseball. >> you turned a tool and handle business. kind of a cool story. >> very cool story. >> in order for a small business to be successful it will have to evolve. scott was able to do that when he turned into a baseball bat company. if he is not able to come up with new products i don't know if he can make it. >> it looks great, marcus. this is kind of a different take. this is an entrepreneur that did manage to innovate. i guess the question is as you put it so well whether they can do that again. >> they innovated many, many years ago, over 20 years ago. this is a family-owned business. it is a beautiful couple with two wonderful kids in the business. this is a case of it actually working. the key to this business was the relationship with major league baseball. as you know a multimillion dollar business. that is really what attracted me
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to it. louisville slugger is a big competitor there. >> what did you suggest to them? what kind of products or innovations can they do to get them off the reliance on major league baseball bats? >> you know i'm not going to tell you everything. i knew they had a couple of good products using wood and they had a lot of technology. so what i wanted them to do was use the assets that they already had and reinvent themselves. wood is a great option. plastic is a great option. they did a lot of very technical painting and etching. you will see products that are totally different but use the same elements. >> can't wait. marcus, it is always good to have you join us on "power lunch." we appreciate it. stay warm. it is cold in chicago. >> thank you guys. >> don't miss "the profit" tonight on cnbc 10 p.m. his millions, his rules.
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gold market is closing with stocks at record highs the gold market managing to eke out a pretty good gain today up about $14 on the trading session. mary thompson is tracking gold miners. >> with gold prices at two week high gold miners rising all showing healthy gains today. newmont up over 3%. we are going to go out to chilly chicago and check in on the bond market with rick santelli. >> reporter: speaking of early, looked as though we are going to see big rate rise. look at the 24-hour chart of ten year. it didn't really go anywhere. if you open it up it is now 16 trading days in a row between
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2.30 and 2.38 range. euro versus dollar. it could be a two-week high even though it is still hovering around 27-month lows. the pound versus the dollar basically side ways at 15-month lows to the dollar. the last chart a two-day of the dollar-yen. 1.17 yesterday and 1.17 today. guess what you need to pay attention to, 1.17. >> thank you very much. big week for ipos especially the real estate investment trusts. paramount group could be the biggest riet ipo ever. the sector gaining about 22%, 23% almost this year. one global real estate portfolio manager will give us his top picks which "power lunch" returns. [ breathing deeply ] [ inhales deeply ] [ sighs ]
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the dow is closing in on session highs. 17705 is the number we are looking for. we are in all-time record
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territory for the dow jones industrial average. leading the way united health group followed by intel, boeing as well as united technologies. now to washington. after falling in october confidence among the nation's home builders is climbing back. sentiment jumped to 58. 50 is the line between positive and negative. builders say consumer confidence driving the industry. a brief drop in mortgage rates as well as a slight pullback bringing in more perspective buyers. of the three index components, current sales conditions rose five points. future sales expectations rose two points. buyer traffic jumped to 45 which is better but the only component in the negative. confidence was up everywhere but in the midwest. northeast is weakest. south strongest. tomorrow morning we get housing starts. >> look forward to it. thank you. it is a big week for reit
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ipos. last week 18.50 led by morgan stanley. properties include movie theaters, restaurants and health clubs. debuting on the big board shares now trading we will get it for you in a second, 19.69 up about 6.5%. tomorrow the biggest reit ipo for paramount which owns class a office space in new york, washington and an stran. joining to me to talk about reits is steve brown for american century investments. good to see you. >> good to see you, too. >> i said before you have a great job. you get to do managing the portfolio but also get to visit some of these amazing properties to decide whether or not you will invest in them. >> absolutely. we go on a lot of property tours. the best of the best. >> the reit market itself has
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been strong in terms of its stock performance. why is that? >> a combination of things. it has been a good year for investors. demand is greater than supply in most parts of the united states. you see rising rents and rising occupancies. real estate has been a beneficiary. we have low rates and credit available to more properties. we have great fundamentals and a constructive credit environment. >> when paramount comes to market you have done some work on that and you say it is on your approved list. how do you think it will price? where do you think it will trade? >> it is a blue chip predominantly new york office portfolio with some washington d.c. and san francisco properties. there will be a lot of interest in it because it is a high quality name. they are pricing it i believe at a discounted value.
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i believe pricing it at discount. and there is a rent roll up story in the portfolio. as the laces come due the rates will rise. it has a lot of appealing characteristics. >> let's take a look at your ideas for our viewers. the first one is alexandria real estate equities in california. >> it is a lab science reit based in pasadena. they have clusters in san francisco, cambridge, massachusetts, new york and rockville. they have seen a large up take in occupancy this year up 150 basis points, bio tech, life sciences and universities. some of the biggest tenants are mit, nyu. they have been benefitting from the increased research dollars whether virus research et cetera. most recently with the concern about ebola it is likely that the nih will expand in
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rockville, maryland. although bio tech firms will have increased fundings. i think it is well positioned in 2014 and 2015. >> pebble brook hotel trust and kite. >> pebble brook is a d.c. based hotel reit. it has 65% exposure to the west coast, portland, seattle, san francisco, et cetera. those markets for hotels is very strong. 8% to 10%. they are getting above gdp for their portfolio. we talked about two winners. kite is under performed, a shopping center reit. in the summer this year it closed in a large portfolio transaction. it bought a private reit. the stock traded down. we think the kite team will do a better job with these assets,
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increase and will see above average growth for 12 to 24 months from this portfolio. we think it is attractive on a fundamental basis but trading on a 10% discount. >> thanks for the great ideas. appreciate it very much. let us know if you buy paramount. thank you very much. with the u.s. markets continuing to show strength europe and japan struggling where are asset managers looking for value? joining us are katie nixon wealth management cio and keith off. welcome. katie, i gather in this environment you are still and northern trust is still heavily overweight u.s. denominated risk assets. >> we remain very commitmented to u.s. equity assets. first the fundamentals on a relative basis if not on an absolute basis remain very
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strong here in the u.s. versus elsewhere in the world. just coming off a third quarter earnings season with 9.5% earnings growth and good momentum coming in so the fundamentals are strong. our perspective on interest rates in the u.s. is low for long. we expect the interest rate outlook will remain very supportive of valuations here. last thing i would say is that we think we could be at the very beginning of a longer term uptrend in the u.s. dollar which is really going to encourage more asset flows into u.s. assets including equities. >> steve, let me turn to you. you heard what katie said. she is basically heavily overweight or overweight in u.s. stocks. what do you say about the eurozone or u.s.-japan specifically. are you a little more nuanced than she? >> i completely agree with her on the u.s. we think we are in a goldilocks
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scenario for the u.s. we think we will close the year over 2,100. we have a target next year for 2,300. the u.s. is kind of boring right now is boring is good. europe and japan a little dicier. we are nibbling there now. you have better value in europe and japan. on the other hand the macroconditions are not as good as the u.s. you are dealing with probably on a longer term basis you can make money there and certainly attractive stocks. we are biting away out there in europe and japan. recommending the bulk of the money be in the u.s. >> very quickly to both of you. if there was one sector that you like in the u.s. market right now above most others what would it be? >> consumer discretionary. the consumer is in a sweet spot here with wages starting to pick up, low gasoline prices and confidence rising. >> and you, katie?
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>> tyler, i would pick health care. this is a sector with very strong secular trends that will support some good returns going forward. that would be our favorite sector right now. >> i noted steve nodding at that. thank you very much for being with us. scandals across the globe. our chief international correspondent michelle caruso-cabrera has the latest on everything from brazil to mexico. >> two countries, three presidents and a flamboyant ceo all next on cnbc. opportunities aren't always obvious. sometimes they just drop in. cme group can help you navigate risks and capture opportunities. we enable you to reach global markets and drive forward with broader possibilities. cme group: how the world advances.
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go national. go like a pro. this guy could take down your entire company.h? stay with me. on thursday a hamster video goes online. on friday it goes viral - a network choking phenomenon. why do you care? he's on the same cloud as your business. the more hits he gets, the slower your business may get. do you want to share your cloud with a hamster? today there's a new way to work. and it's made with ibm. two palestinians armed with guns and butcher knives broke into the synagogue. for several minutes they shot and hacked people inside who had gathered for morning prayers. they skilled four.
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six others were wounded. all four were rabbis, three were american. the two terrorists were killed by police six minutes after starting their rampage. >> thank you. three international scandals in three minutes brought to you by our chief international correspondent michelle caruso-cabrera. >> let's talk about the man who repeatedly bragged he would be richer and went on to lose $34 billion in one year. he is on trial for insider trading accused of selling shares before the stock plumted. if he is convicted and ends up behind bars it will be an almost unprecedented event in brazil which is a place -- batista suckered in a lot of smart money. pimco invested. he told the world he was going to find lots and lots of oil in
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the deep waters of brazil. he built a port and shipping company for the oil. bottom line, he didn't find that much oil. some investors feel frauded. you can see him with the current president with brazil. >> scandal number two, moving on here as we tick them off. also coming from brazil, the tlaed earnings report. where did the money go? >> the scandal threatens the president of brazil. the leader of the opposition said how could she not know about the scandal when her previous job was the chairman. there are a lot of potential canaries. brazilian investigators arrested so many people they needed buses to take them away.
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take a look at the magazine cover from last month and it highlights the risk. it shows her and the former president of brazil, the headline reads "they knew everything." there is no legal proof of that yet, we should point out. stock is down nearly 40% for petrobras but today briefly went positive when it was suggested it may be a good short term trade. >> let's move on to mexico where the first lady has become involved. the lady in her house, you were promised answers earlier i believe on sunday a comment are you still waiting? >> we still haven't got answers, maybe today or tomorrow. i was told we could have new information today about a loan that the first lady received, maybe we get it tomorrow. once the couple returned from
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asia this weekend. beautiful new mansion in mexico city. the title of which is held by a mexican construction company which has won many lucrative government contracts. it is used by the president and first lady. the president's office says it is her house and not his and she is paying for it in monthly installments to the construction company. the first lady is a former soap opera star and is financially independent. this loan is not an arm's length transaction. what do we want to know? what were the terms of this loan? how much did she pay for this property? what kind of interest rate did she get? if those are below market rate there will be questions about it. >> appreciate it. to mary thompson now. "market flash." >> we are checking out shares of zoetis outlining initiatives.
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all of this happening at the investor day today. it is also announcing full year 2005 earnings guidance of 1.61 to $1.68 a share. the street was looking for 1.$ 1 $1.71. it was halted for trading down fractionally down 0.7%. it is t minus 36 day until christmas. when is the best time to get a holiday deal? millions of americans hit the malls for black friday. are prices that much better? we'll tell you. we want you to weigh in. when do you think you can get the best holiday deals? go to cnbc.com/vote and weigh in. "power lunch" is back in two with some answers. ameriprise asked people a simple question: in retirement, will you have enough money to live life on your terms? i sure hope so. with healthcare costs, who knows.
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the dow hit an all-time high. gilead sciences hitting a high. and allowing encoders to start creating apps for the apple watch expected out next year. we are talking about wedding
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songs and stuff like that. we are really supposed to be talking about christmas just 36 days away. i know all of you out there have done your holiday shopping. courtney finished hers. i got her gift, very expensive one. when do you get the best deals? we will do a powwow here. before black friday, on black friday, after black friday or the heck with black friday? >> if you were planning to go to the mall after thanksgiving dinner you might want to listen up. a new study reveals lowest prices often aren't on black friday. according to an analysis by nerd wallet 25 out of 27 retailers are offering a black friday price on one item the same price last black friday or other points during the year.
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costco sells a wall mount $30 off the price which is the same discount. dollar general offering buy one get one 75% for all toys. k mart says the $49.99 price for a craftsman floor jack selling lowest price of the year, that was the same price offered between november 9 and november 15. to further complicate matters some retailers offer one off type products that have a little different features. you have to know what your price is but you can't always trust the lowest price of the season. >> floor jack. got to lock in the vote. when do you get best holiday deals? 71% say before black friday. let's see what is coming up on "street signs." >> records everywhere. what do you do with that information? big data has improved our lives in many ways.
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welcome back. i'm julia boorstin. making jay opening this weekend i went to the l.a. premiere. there is no question that the film has a huge fan base. mocking jay has more than double the social media fan interest than any other film this holiday season. lions gate is tapping in with a youtube series starring seven youtube stars with millions of subscribers. it could match the last hunger games $158 million opening weekend which would make it the biggest debut by far. the challenge is that i max is not showing the film. lion's gate needs the biggest franchise to deliver not because costs are reported $258 million to produce this film and the
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next one due out next year. it is the crown jewel. there is exhibition of hunger games costumes and props next fall. though the box office could certainly swing at the stock analysts note strong performance is baked into the stock. >> thank you. good bye everybody. that's "power lunch." >> "street signs" starts now. right now it is records galore. stocks setting an incredible milestone. gas setting the record you will want to hear. a record breaking sports deal you might not believe and record setting nascar champ kevin harvick is here. i think it is a big show. >> let's kick it off with our first record. pump prices lower yet again making it 54-straight days of falling pricesprices. aaa says the average price for a

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